LSW New Group Requirements
403(b)

LSW works with many schools, non-profit organizations, and government entities across the United States as a provider of 403(b) annuities. When setting up a new group for salary reductions, there are a few items required to ensure timely processing of applications and proper posting of payments received. The below information pertains to the 403(b) markets. However, any type of salary reduction arrangement will require the completion of Form No. 4258, Employer Information. Please call the LSW Sales Team at 800-906-3310 with any questions you may have regarding setting up a new group. You may also contact the Policy Accounting Department by email at LSWBilling@nationallife.com if you have a unique billing situation regarding a new group, or to check on the status of a new group after submission of the required forms.

403(b) New Group Requirements

Public Schools & Government Entities

• Complete Employer Information – Form No. 4258

Private Schools, non-public Charter Schools, Churches, and other (hospitals, non-profit organizations, etc.)*

• Complete Employer Information – Form No. 4258
• Group Verification Signature Required – (page 2 of Form No. 4258)
• IRS Letter of Determination – 403(b) plan qualifies under 501(c)(3)

Note: Should a Third Party Administrator (TPA) be involved in the remittance process, a copy of the service agreement between the entity and the TPA is required. If not received, a letter will be sent to the entity holding LSW harmless from errors, omissions and delays.

* A group with Employer matching contributions is often considered an ERISA plan and may have different requirements. LSW will only accept ERISA plans with prior approval from Senior Management. If you would like to work with an ERISA plan, please call the LSW Sales Team prior to writing any applications as only specific products will be available for ERISA. Please complete Form No. 4258 with all the required information and fax to the LSW Sales Team at 214-638-9168 as part of the approval process. An LSW Team member will contact you to discuss your request.

Contacts:

LSW Sales Desk: 800-906-3310, LSWSalesDesk@nationallife.com
Policy Accounting Department: LSWBilling@nationallife.com